RiskReversal Pod 100 Years of Solitude & Alphabet Bonds with The Wall Street Skinny
Feb 13, 2026
Kristen Kelly, co-founder of The Wall Street Skinny and M&A/media commentator, and Jen Sauerbach, co-founder and markets/fixed-income explainer, join the conversation. They unpack Alphabet’s 100-year sterling bond and why firms issue ultra-long debt. They also trace the Warner/Netflix/Paramount M&A drama and debate AI’s slow-moving disruption across software, semiconductors, and services.
AI Snips
Chapters
Books
Transcript
Episode notes
Volatility And Defensive Rotation
- The VIX breaching 20 and bank rollovers signal rising market unease beyond single-day moves.
- Walmart hitting all-time highs shows investors are rotating to perceived defensive safety trades.
Dollar Weakness Driving Market Repricing
- US dollar weakness and falling yields may be quietly driving broader market moves and sector weakness.
- The market may be re-pricing broader disruption risk from AI beyond just software names.
Watch For Capitulation Signals
- Watch for capitulation signals: loss of prior darlings, rising correlations, and semiconductors joining the sell-off.
- Use those signs as potential markers for a bottom or contrarian entry.
